625 1St StWaite Park, MN 56387

  • Commercial real estate
  • 2,500 SF
For Lease

Property Details for 625 1St St

Year built
2015
Construction
STEEL FRAME
Lot size
2.47 AC
Property size (Sq ft)
2,500 SF
Property type
Commercial real estate
APN
98.60672.0760
APU
98606720760

Description

This exceptional 30,708 square-foot commercial land parcel presents a unique development opportunity in the heart of Waite Park, Minnesota. Located at 625 1st St S, this single-tenant property boasts a highly desirable B-3 zoning classification, offering considerable flexibility for a variety of commercial uses. Its strategic location provides excellent visibility and accessibility, situated just one block from Division Street, a major thoroughfare. The property benefits from exceptional connectivity, with easy access to County Road 75 and Highway 23, and a convenient five-mile proximity to Interstate 94 via Highway 23. This prime location ensures high traffic volume and strong potential for attracting customers and clients. The expansive lot size allows for substantial building development, tailored to meet specific business needs. The address is 625 1st St S, Waite Park, MN 56387, within Stearns County. This is a rare chance to acquire a significant commercial property in a thriving area with excellent infrastructure and convenient access to major transportation routes. Don't miss this opportunity to establish your business in a highly visible and accessible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $526,109
    Hospitality
    $481,913
    Educational
    $400,946
    Medical
    $414,735
    Retail
    $623,693
625 1St St, Waite Park, Minnesota

Location Insight

City
Waite Park
County
Stearns
State
Minnesota
Latitude
45.5523
Longitude
-94.2251
CBSA code
41060
CBSA name
ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$66,444
$690,400
$1,108,600
$1,799,000
-
$690,400
$1,108,600
$1,799,000

FAQs

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